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.5 trillion does not make any of the big issues go away. sooner or later republicans are going to have to swallow some revenue increases. host: what is the purpose of today's news conference from the president? caller: the purpose for the president is to set a delicate balance. on the one hand he wants to claim the political high ground, i assume, saying that he tried and pushed for historic bipartisan achievement. unfortunately, we will like it there. the reason is that republicans will not sign on to a bold, $1 trillion tax overhaul. so, he wants to show the voters that he is the big negotiator. everything that he said the revlon in 2008. but he does not want to poison the well to make these negotiations for the rest of the week. >> what is the main message coming from republicans going into this meeting? >> it would seem that their main message is probably going to stay the same period that we are for a big deal, but not a big tax increase. or any tax increase. once again they will be challenged to expand on this sharp rhetorical edge. id is a distinction without much of a differenc
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
out the president has a big birthday bash scheduled for august 3rd, celebrities flying in from all over. and lo and behold, august 2nd is the deadline for getting something done so that he can have this massive -- maybe the biggest fundraising dinner in history for a birthday celebration. >> and here's iowa congressman steve king. >> it's not default. they've been calling it default to try to stampede people into taking a bad deal here in this congress. the american people understand this. they understand at least intuitively that it would be the president who would willfully default if there's to be a default. i'd like to think the investor markets understand that, too. >> keeping them honest, there's little reason to think that's true. and plenty of people in the gop establishment and the business community sending up warning flairs. officials at the bond rating company standard & poors today briefing freshman republicans about what might happen. political reporting tonight they were cautioned that one possibility is "a death spiral in the bond market". s & p is already on record
the world cup final. >> big victory to talk about. >> that's it for us. "cnn newsroom" begins right now with kyra phillips. you have a busy morning. >> we do. a lot to talk about. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thanks for joining us. >>> the nation's debt crisis. the clock ticks and pressure builds. the president tells the congressional leaders you have 24 hours or less to make something has been. >>> a top murdoch executive resigns this morning. rebekah brooks former head of the disgraced tabloid "news of the world" is gone. >>> in southern california, drivers buckling up for carmagedd carmageddon. a bridge demolition that will close down 405, one of california's busiest highways. >>> we begin with the resignation of a key executive in the rupert murdoch media empire. rebekah brooks is out. many people were outraged when brooks kept her job after the newspaper was shut down for scandalous reporting tactics. and as brooks steps down, the investigations ramp up. the fbi now investigating the murdoch empire right here in the united states. lawmakers dema
this legislation. tea party republicans finally back the speaker. >> is this as big as we wanted to go? heck, no. we wanted to go bigger. we ran on going bigger. but this is the only proposal on the table that accomplishes the goals that we set out to do. >> reporter: after yesterday's stram bell to cut more spending and dwift more arms, boehner has his troops in line. >> listen, for the sake of jobs, for the sake of our country, let's pass this bill and end this crisis. >> reporter: the boehner plan would cut spending $917 billion over ten years, but require a second vote in a few months. >> and here's my words. >> reporter: house democrats can't stop it. senate democrats say they will. >> it will not pass, because a short-term extension risks the same things that no extension risks. >> reporter: but democrats have given up on tax hikes, and they cut spending more than house republicans would. could the two plans be combined in a compromise? >> congress has a way of waiting until the last minute to do the right thing. we remain confident that it will. >> reporter: but today, debate on the boehn
is a big question and when we should be jumping to conclusions about. >> giuliani is also a longtime friend of rupert murdoch. >>> now the nation's debt crisis and a new deadline. forget august 2nd. the president says it's decision time now. here is what he told congress. you've got 24 hours or less to move forward on a deal. and then there is this dire message from the big three global credit ratings agencies. if a deal isn't reached soon, they will downgrade the nation's credit standing. the president speaks to the american public today. a news conference less than two hours away from now. 11:00 eastern. we will carry it live. >>> let's get to the white house and dan lothian. what do we expect the president on say come 11:00? >> reporter: well, a senior administration official telling me the president will be explaining to the american people where they really are in this process, what he has asked congressional leaders to do, and how he is still pushing for the biggest deal possible. another white house aide telling me the president will continue in that press conference to make the case
have a big hole to fill. each new job, that was created last month is good news for the people who are back at work. and for the families that they take care of. and for the communities that they are a part of. but, our economy as a whole just isn't producing nearly enough jobs for everybody who's looking. we have always known that we'd have ups and downs on the way back from this recession. over the past few months the economy has experienced some tough headwinds from the natural disasters to spikes in gas prices to state and local budget cuts that have cost tens of thousands of cops and firefighters and teachers their jobs. the problems in greece and in europe along with uncertainty over whether the debt limit here in the united states will be raised have also made businesses hesitant to invest more aggressively. the economic challenges we face were not created overnight, and they are not going to be solved overnight. but the american people expect us to act on every single good idea that is out there. i read letter after letter from folks hit hard from this economy, and none of
their vote last night? all eyes on wall street, a big drop for the dow jones in fear that the debt ceiling deal will not be reached. bad news about the pace of the economic recovery. f a quick update on bay area weather and traffic. >> in the morning. a live look at the san mateo bridge. gray skies, overcast and foggy conditions along the peninsula. on the eastern shore of the day, we are looking for conditions to really improve. richmond is looking for a sunny and 70 degree conditions, oakland, 73 and partly cloudy. in hayward, 83 and mostly sunny. a full check on weather in a couple of minutes. now, over to traffic. for northbound direction of interest rate to 80 right at saratoga. a motorcycle accident originally blogging only one lane of traffic. the chp in the emergency crews have arrived. currently the middle lanes are blocked. if sold check on this developing hot spot in my next report. if >> topping our news right now, more than 1000 people are expected to pay their last respects to marine county sheriff's deputy jim matheson. a memorial service for the nine year veteran stars at 1
amendment rights. >> a big part of it is how well you're doing it. i did a survey and i asked people who are voters whether they watch fox news or not and i found that 67% of republicans watch fox news several times a week or more. that you knew. but 54% of independents watched it several times a week or more. and 21% of democrats watched it several times a week or more. so there really is an effort here to try to demonize a source of information. and, you know, you guys don't make this stuff up. the stuff you're reporting is stuff that's happening. you know, pugh research did a study during the last campaign that as far as i'm concerned is definitive. they looked at the fox news stuff. not like we're doing now which is opinion. but the news part. the 6:00 and 7:00 news broadcast. and they did the number of seconds that were devoted to positive and negative coverage of each candidate. and the only network that came close to parody between positive and negative on obama and on mccain was fox news. the others were skewed four and five to 1 negative on mccain and positive on obama. >> spea
it. and that in a nutshell is why a lot of big, moderate players in this town led by president obama do like this bipartisan scheme. with 13 days until possible default, all eyes are on the gang of six senators, three republicans and three democrats. they met today with house democrats. can they craft a deficit deal that can pass congress? lawmakers ask gang of six democrat kent conrad. >> how does this work? where is it headed? >> reporter: like the deficit commission, like president obama, the gang of six has a plan that's balanced. gang of six democrat dick durbin. >> it does it by putting everything on the table. everything. spending cuts, entitlement programs and revenue. >> reporter: $3 trillion in spending cuts, including cuts in medicare and the like. $1 trillion in tax hikes. but not on most americans. >> we're actually reducing tax rates, both on the individual side and the corporate side. >> reporter: that's a move to win over conservatives, like house gop leader eric cantor. >> and so i don't think that raising taxes, increasing tax rates, is the answer. certainly not in
new york, one person was killed. at least 20 injured in a fiery crash between a tour bus and big rig. the happened on interstate 90 early this morning. both vehicles caught fire. it appears a u.s. soldier helped somebody. authorities say he drove on the scene and pulled passengers out from the burning bus. one passenger claims the bus driver fell asleep. the accident is under investigation. >>> new numbers show more children are dying after being left in hot cars researchers say an air bag that urged children to -- parents to put children in the rear seats of the car worked very well. but they say it had the unintended consequence forgetting about their children. that's tushy because they are out of sight -- that's usually because any are out of sight -- they are out of sight. >>> it's 7:0. we want to check in with -- it's 7:08. right now we're looking at the the commute on highway 24 westbound coming up to the walnut creek area, la fayette and getting up to oakland. it's a nice drive all the way through the tunnel. this morning's commute is gonna be okay if you are driving in san fr
for educational leadership and he's a big deal. but when he goes home, he's not that big of a deal. his wife helen blank is a power house. their daughter molly is an up and coming and already excellent filmmaker to to be friends with marty is like winning the trifecta, frankly. marty, you're a lucky man as well as a special friend. now, josh kauffman has been, as he said, a personal friend and our attorney for 30 years. a founding member of the board. he has gotten me out of trouble more than one but more importantly he's kept me from getting into trouble which is actually more important. what was the most recent one was david guggenheim of the disgraceful documentary waiting for superman. josh, i hope we'll be friends we'll have more years. sandy welch is a leader of learning matters. she has steered us through some incredibly tough times. she took over as board chair when our founding chair judge william mcnulty when -- sorry. lost a battle with cancer. and then, of course, she inherited that job just as the worse recession since the depression yet and we're not through that part yet but sandy y
the big fight's going going to be over the debt ceiling limit. that's where the hard negotiations are going to be put out. and then they will probably be given a new number, and they'll have to revisit that bill that they've worked on in committee and meet the new number. so if that's what happens, it's probably a good thing. host: so first things first. guest: look, here's what each department or each function of government is going to be getting, and then work out what you think you can get, the most bang for the buck, so to speak. host: let's get to calls for you. we're going to begin with a call from los angeles. michelle is a democrat there. you're on for david keating of the club for growth. caller: given that you made the comments about t republican candidate mitt romney has developed an unshakable reputation as a flip-flop per uses federal powers to coerce taxpayers, and tim pawlenty is hard to pin down, who do you like? guest: well, what the club for we haveohas been doing, published a series of white papers on many of the presidential candidates, all of those that have d
on cutting a big deal to take us through five to ten years, not just five or ten weeks. the problem, it seems to me, yesterday was a good example of it. you have questions tweeted to the president of the united states, questions delivered from the real world about housing problems, about i'm losing my house, my mortgage, what are we going to do. not policy questions from washington media members. the problem is that the president is dealing with a number of people who don't live in the real world. for example, eric cantor. no matter how many times he's been on and how many times we talk about rescinding the bush tax cuts, he calls it a tax increase. go to the grocery store and milk is on sale for $3.25. the next week it goes up to $3.75. it's not a hike in price, it's reverting back to the original price. they don't live in the real world. they just don't. >> he'll be on this morning so you can ask him again. >> we will ask him again. >> i would like to ask him what it is they offered yesterday that was different. the president talked about boehner's question being skewed. i put the question
-ann, we haven't forgotten you. we're going to talk to you because it's your big day. we're going dom back after the break and we want you to watch this with us. we're going live now to new york city. that's where michael bloomberg is going to marry his aides after a break. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. check your steps at foodsafety.gov. >>> it's a fine and fancy day in the city of new york. i feel like i should be wearing my seersucker suit and drinking a mint julep
is planning a big fund-raiser for his birthday and that is creating a potential snag. set for august 3rd one day after the deadline to increase the debt limit on august 2nd. president might cancel the fund-raiser if a deal is not yet reached by that time. >> gregg: politically symbolic moment newt gingrich. running into a coroner he laughed off the incident but it may have hit close to home. a financial report showing gingrich is trailing other presidential con tern had tenders in raise money bringing in 2 s7b9 $1 million since entering the race. >> heather: new violence unfolding on the streets of syria reportedly opening fire on a group of protestors in damascus killing 28 people. the demonstration one of the largest ever held against the president there. reena ninan is live in jerusalem with us with details. >> human rights organizations say at least 28 people were killed in the protest on friday. despite the government crackdown it was the largest show of anti-government demonstrators since the unrest begin in march. >>> going to areas where the government has been most intense and shout
, then we're all in big trouble. host: where do you think that that compromise needs to start? in which house? in the senate? does the president need get involved with this? caller: obviously now with this filibuster, the compromise needs start there. they can have no debate while this filibuster is going on and that's ridiculous at this point in time. it's simply asinine. host: last night, it a news conference, majority leader harry reid talked about compromise and criticized the republican efforts to filibuster his debt plan. this is what he had to say. >> >> tonight a bipartisan party rejected the boehner short-term plan. clearly, we've seen something we've even a lot in the senate but this time, the country's attention is focused on it, a filibuster. a filibuster to prevent us from moving forward on this legislation. the vote that i put forth is a compromise. we would have changed it more but as i indicated on the floor, we had no one to negotiate with. it really is a worst possible time in conducting a filibuster. they're forcing us to wait until tomorrow morning at -- let's see. t
for big oil and wall street executives. this bill's actually more extreme than the republican budget passed in april calling for deeper cuts and more hardships for the middle class and older americans. in fact, this bill does nothing to create jobs, nor invest in the roads, bridges, clean energy technology and job training that would really get our economy moving. in short, h.r. 2560 will stifle growth, hurt middle class families and undercut america's seniors. in my district there are over 93,000 social security beneficiaries and over 85,000 medicare enrollees. on behalf of my constituents and for future generations i stand in strong opposition to this bill and the rule. i know that there are those on the other side of the aisle who want to support a reasonable plan to reduce the deficit. this is not the plan. i urge my colleagues on both sides of the aisle to reject this dangerous proposal and i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back the balance of her time. the gentleman from georgia. mr. woodall: mr. speaker, at this time i'm please
in just nothing but blatant character assassination. and that, i think, was the big problem in this case. they didn't have -- and they had a sequestered jury. and apparently the kind of guilt by osmosis that they would have seen if they weren't sequestered didn't seep into that jury room. instead of people saying that this is a tragedy, because anytime that you have a little girl who dies, that's a tragedy. i think the true tragedy is when people say we're never going to know what really happened and she should have been convicted. that to me is absolutely inexplicable. if you don't know what happened, how can you convict somebody beyond a reasonable doubt and put them to death? i mean, it makes no sense whatsoever. maybe it's good for iran or north korea but not in america. >> i'm going to ask everyone to stick around. we'll come back to you shortly. let us know what you think. we're on facebook or follow me on twitter @ john king cnn. more up next, more on how the defense did, in that vein we'll highlight some of the many statements casey anthony made that were simply not true, includi
, but it means, mr. president, that we can't be raising taxes on the job creators, and there is a big debate right now about how do we get ourselves out of this fiscal mess. i would submit to my colleagues that the real issue here is spending. if you go back to the foundation of our country, the year 1800, we were only spending 2% of our entire economic output on the government, the federal government. this year we're going to spend 24% to 25%. the historical average over the past 40 years is about 20.6%. we are dramatically higher in terms of what we are spending on our federal government as a percentage of our entire economy. to me, clearly, we don't have a revenue issue here in washington. we have a spending issue. which would suggest that we ought to get after spending, after federal spending, particularly spending that is -- is duplicative, redundant, there are so many things in the federal government that we spend money on that we need to get that waste and that -- and all those types of wasteful spending out of our spending here in washington, d.c., but we also have to focus on those
to see the quick video i promised. jfc engages a big tent of stakeholders, a big tent in shake holders because as i mentioned, a broken framework fabric of society requires as i mentioned a patchwork of everybody being brought together. not just a small group, not just one small sector, not just the military or not just the political actors but all the sectors coming together including the community, government, society, all people who need to buy into this system and be part of it and agree. and have that social contract. and the week before last, we published a case study, it's thick, a case study on jsd and tleeshsz a smaller version on our website but we tried someone who was involved walk step-by-step to paint the picture and just distill it and just a few policy recommendations. jsd, despite its name dialog is not just talking. it's not just talking and then leaving. it's really a vehicle or a means to do things that are vital to strengthening rule of law and post-conflict environment. there are a number of different things. it all has to be dependent upon the country context and
. there was a big issue at the end of the last congress that threatened a meltdown over whether or not we were going to extend the package of tax cuts. then we have the cr, threatening to shut down of the government. now we are having a high-stakes game of chicken that could have significant implications for the global economy as well as devastation for what we face to going forward. and then you know what? we will be right back with that with the budget, not once but twice, before the election. most in the house want to see something that is more sustainable and allows us to get back to the business of helping all americans get back to work, rebuilding the country, and dealing with long-term solutions rather than short-term fixes to deal with theoretical issues with the budget. host: to be clear, if the reid proposal could come before the house, would you vote for it? guest: i have not seen it. i had a dinner with a friend of mine in the senate last night who says that they are interested in the details. they have not seen the details yet. i am not going to commit to something that no one i know ha
, and i see that you are less and less likely to be allowed by a big cover. we are building america to practice your religion, to practice your belief in laws, to accept responsibility for individually and as families and as government for your actions, and in that regard, i believe the american dream is lost. host: thanks. we're going to stop you at this time. thanks for adding your comments. on twitter, don't fall into the belief that the dream is dead. you're being manipulated for political purposes. parkville, indiana, sam is a democrat there, to talk about the american dream. good morning to you, sam. caller: hi. it from the united states of america to corporate states of america, united states of america, united corporations of america. corporations own this country. they have the republicans baltimore and paid for. they have the supreme court bought and paid for. we really have a lot of problems coming our way. thank you. host: thanks for your call. "baltimore sun" has a front-page story about immigration. opponents of tuition breaks for illegal immigrants have more signature
company called two men with big hearts moving and storage. but he fell behind in his bills to this company. this storage company because of medical bills that had piled up for him. >> so he just passed away and the family is trying to figure out what they're going to do at the funeral and what they would like to do is get a hold of some of his military stuff, including his two purple hearts but the problem is that particular company is owed by the family $600. the family went over and talked to them and they knocked it down to $500. but nonetheless, they would like to have the stuff for the funeral next tuesday but they got to come up with $500. here's the son of the veteran. >> he was a very patriotic person. >> dad wanted to go out in a blaze of glory. that was on the back of the fire truck. something we want to give for dad. that was one of his last requests. >> he had it for five years. it would be thousands of dollars. don kennedy owns the company so he's not going to release the stuff as of right now unless they pay the $500 which is just -- they just want to get the -- they want t
, the big difference being, he doesn't want to say every five months, let's put the country into economic crisis and all the uncertainty between now and five months from now that that will create. with that, i yield one minute to mr. ryan a terrific member of the budget committee from ohio. mr. ryan: i thank the gentleman. one of the issues we want on the table here is revenue. the top 400 wealthiest people in the united states of america pay 17% tax rate. my constituents in youngstown and akron, ohio, pay a heck of a lot more than 17%. we hear our friends on the other side of the aisle, how all these changes need to occur, how all these problems need to be solved, but heaven forbid, mr. speaker, we ask the 400 wealthiest families in the united states of america to maybe be a little bit patriotic and help us out. and you'll say, well these are the job creators. these taxes won't go into place for another year or two. we've got to get through this downturn. but we need to send a message to the bond market that we are serious. and for us to be this irresponsible and not ask the wealthiest,
in the big picture. when you start going to one extreme or the other, you're not going to get anything done. everybody's egos are going to get hurt constantly. so, you know, there are so many different ways that they look at things. for instance, holistically, people that have been paying into social security have basically been paying with ious and stuff like that for a very long time. they are saying everybody has to be on the table. we have been on the table for the longest of time, giving i'll use. they actually said, ok. it is like looking at soldiers in iraq and saying, well, you have to put yourself on the table. that is the way to look at some of these things. i think that, if we get more congressmen -- it is difficult when they are being paid by big business and stuff. they say extreme things so that they know big brother is noticing that they are putting their plugs in for them. winning campaign financing to keep the map the point -- we need campaign financing to keep them at the point where they can look at things holistically. host: thank you for weighing in. we will talk about
did. and they actually moved in to become one big happy family. proving that holding on to hope can have its rewards. and they have their way of telling that without any talk at all. ♪ barbara harrison, news4, for "wednesday's child." >> they're talented. hey, if you have room in your home and heart to adopt a child, call our special adoption hot line. the number 1-888-to-adopt me or go to our website at nbcwashington.com. >>> still to come, zip lines, tight ropes, tarzan swings. wednesday's workout is all about adventure that is fun for the family. >>> and in sports tonight, d.c. united looking to heat up and improve their record at ♪ [ rock ] [ chattering ] [ man on tv ] 96309. [ man ] ♪ she got it, you got it ♪ i got it, we got it [ groans ] ♪ who's got it see you later. ♪ yeah! ♪ come on, she got it you got it, we got it who's got it ♪ we're all different. that's why there are five new civics. the next-generation civic. only from honda. >>> the calorie count provided by restaurants could be way off. researchers at tufts university ordered food from 42 restaurants
had in my office yesterday, whether he knew about it or not. i don't think he did. so that's the big corporate structure and there's always the middle people, but they eventually everything is money on on account, on a report and companies are responsible for what they do. why do they do this? >> well, mr. chairman, mr. graham next response will be enlightening. we wouldn't disagree with the perspective of what we've seen from consumers. there's an obvious financial opportunity for the carriers because they are receiving a portion of those charges that ultimately end up on dean consumer's phone bills. >> not that much. >> not that much, but this has been going on over 15 years. over that period of time, it adds up to some money. what we need to look at is the fact that landline service is a declining surveys and many people are now relying solely on their wireless carriers to provide them with their phone service. and though, and maybe the dad here is one of our last opportunities to bring some money. i don't think that's the proper way to look at it from a business to, but that's re
Search Results 0 to 32 of about 33 (some duplicates have been removed)